CHRISTINE LAGARDE was accused of trying to “bully” Britain into remaining in the EU yesterday after warning an exit would spark a recession, writes Luke James.
The French head of the IMF said the consequences for Britain’s economy would be “pretty bad to very, very bad” if voters backed a split with Brussels on June 23.
She predicted a stock market crash and steep fall in house prices if the public defies David Cameron’s pleas to stay.
But Leave campaigners pointed out the IMF was EU-funded and therefore not impartial and argued Ms Lagarde was an “employee” of Chancellor George Osborne, who sits on the IMF’s governing body.
Labour MP Kelvin Hopkins told the Star: “This is just more evidence of the panic amongst the global neoliberal elite that Britain might seek to take back some control of its economy with a bit more democracy and a bit more socialism.
“Even more worrying for Christine Lagarde and her allies is that other EU nations might decide to follow Britain’s lead — including France!”